Study: Buy BERGEPAINT when near 200 SMA and above 200 SMA and ADX is Trending

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In this study, we evaluate the performance of strategy "Buy BERGEPAINT when near 200 SMA and above 200 SMA and ADX is Trending" under various conditions.

X Analysis

In the table below, we find out the performance of this trading strategy under following scenario: buy BERGEPAINT at the closing price whenever the signal triggers (Rs. 2Lac per trade). Then cover the position "X" trading days later at close_price i.e. sell after "X" trading days. Here are the results of this study:

X DaysNet ProfitTotal TradesWinning TradesLosing Trades% ProfitableAvg Winning TradeMax Winning TradeAvg Losing TradeMax Losing TradeWin/Loss RatioProfit FactorSharpe RatioAvg Trade
130809.7523121152.174442.2912672.3-2045.25-5833.332.172.370.0641339.55
249856.5223131056.527035.1326744.19-4160.02-13920.611.692.20.0542167.67
333046.0423131056.526937.4432558.14-5714.07-18923.331.211.580.031436.78
437943.0923111247.838669.3132170.54-4784.94-21315.931.811.660.0321649.7
539858.8523131056.527600.4229263.57-5894.66-11636.761.291.680.0381732.99
668831.923121152.179809.2829069.77-4443.59-17400.762.212.410.0632992.69
71329182316769.5710654.4732751.94-5364.83-11636.761.994.540.115779.03
81370162316769.5710813.2540310.08-5142.27-8139.162.14.810.15957.22
91370902317673.919575.940697.67-4283.38-8917.892.246.330.125960.43
101786462316769.5713600.4846124.03-5565.92-11963.022.445.590.117767.23

From the table above, we see that best results are achieved by holding positions for 9 trading days. Profit factor is 6.33. Strategy is very good and impressively bullish. Percentage of profitable trades is 73.91%, which is good. Average return per trade is 2.98%, which is very good.
In the chart below, we plot cumulative trade gain versus trades. This chart is important and informative as it shows the performance of strategy over time.
BERGEPAINT Performance, X=9, Profit Factor:6.33

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2020125 Mar 2020 (5.45%)
2019212 Feb 2019 (-3.29%), 20 May 2019 (5.43%)
2018115 Oct 2018 (1.22%)
2016129 Feb 2016 (5.15%)
2015102 Sep 2015 (3.7%)
2012202 Feb 2012 (3.5%), 24 Feb 2012 (1.78%)
2011306 Apr 2011 (1.03%), 29 Apr 2011 (5.06%), 23 Jun 2011 (5.75%)
2009109 Mar 2009 (-3.06%)
2007109 Nov 2007 (3.41%)
2006104 Aug 2006 (5.57%)
2005120 Oct 2005 (20.35%)
2002112 Nov 2002 (-0.68%)
2001125 Jun 2001 (-4.46%)
2000312 Oct 2000 (1.43%), 27 Oct 2000 (-0.21%), 10 Nov 2000 (-1.16%)
1998209 Mar 1998 (0.31%), 30 Mar 1998 (11.37%)
1997114 Oct 1997 (0.89%)

Strategy Analysis - Exit Criteria

In the study above, exit criterion was that hold the position for "X" trading days. That's one possible exit criterion. However, we can have more elaborate exit criteria. Now we study this strategy under other exit criteria. There are 3 things which you must get to know before proceeding further. Table below shows the performance of this strategy under various exit combinations. Note that nil,nil,-1 is a special exit combination where we just take the best result of "X" Analysis study above.

Stop LossAdjust Stop LossTargetAvg Holding PeriodNet ProfitTotal TradesWinning TradesLosing Trades% ProfitableAvg Winning TradeMax Winning TradeAvg Losing TradeMax Losing TradeWin/Loss RatioProfit FactorSharpe RatioAvg Trade
nilnil-191370902317673.919575.940697.67-4283.38-8917.892.246.330.125960.43
atrnil316.6818188922101245.4526716.8345969.81-7106.58-10710.873.763.130.0958267.7
atrnil28.712500523121152.1716898.830646.54-7070.96-10710.872.392.610.0875435
200nil21.831484.3835152042.865992.17504.08-2919.86-3693.262.051.540.04899.55
200trail21.6922292.2436152141.675530.877504.08-2889.09-3693.261.911.370.029619.23
atrtrail26.0420969.02259163610957.8518527.3-4853.23-10710.872.261.270.019838.76
200nil32.5212224.053192229.038633.2610864.42-2976.15-3752.042.91.190.015394.32
atrtrail-17.293080.792481633.3310018.0928682.01-4816.49-10710.872.081.040.003128.37
atrtrail37.21612.012481633.339709.4926213.23-4816.49-10710.872.021.010.0006225.5
200trail32.24-4828.9333102330.36071.969859.38-2849.94-3752.042.130.93-0.0064-146.33
200trail-13.03-25382.5532824254853.1811800.13-2675.33-3752.041.810.6-0.042-793.2

In the table above, row 1 shows the best exit criterion. Profit factor is 6.33. Strategy is very good and impressively bullish. Percentage of profitable trades is 73.91%, which is good. Average return per trade is 2.98%, which is very good.
Performance of strategy chart over time is same as above.

View performance of other stocks for this trading system.

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